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... the state of the Union plan is reigniting the tax bite this is what's new is on WS J live I'm Lee Hawkins ... the plan for billions of dollars in tax increases and higher government spending expected to be outlined in Tuesday's state of the Union address is sparking more debates about overhauling the tax code ... and how best to eat the middle class and China's economic growth is the most in decades going to seven point four percent in twenty fourteen ... the downshift is to a level not seen in a quarter century of firmly marks the end of the hydro payday ... that with global demand for everything from iron ore to designer handed ... Morgan Stanley is missing analysts' estimates the company is reporting fourth-quarter results that fall short because of the same trading slowdown that hammers rivals ... and progress is stalling on the team as or in the firm's wealth management business the biggest reporting a profit of one point zero four billion dollars compared with the year earlier profit of eighty four million ... for more into follow the stories tune in to WS J live or go to WS